McGrath RentCorp
MGRC
95 hedge funds and large institutions have $558M invested in McGrath RentCorp in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 16 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 103 → 95 (-8)
17% less capital invested
Capital invested by funds: $671M → $558M (-$113M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$11.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.81M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.24M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
| 5 |
Bank of New York Mellon
New York
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$17.2M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$9.11M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$7.35M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.54M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$5.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BMCMI
101
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$421K | -13,826 | Closed |
|
|
TI
102
Trexquant Investment
Stamford,
Connecticut
| – | -$292K | -9,614 | Closed |
|
103
AQR Capital Management
Greenwich,
Connecticut
| – | -$233K | -7,659 | Closed |
|
|
AL
104
Airain Ltd
St. Peter Port,
Guernsey
| – | -$209K | -6,877 | Closed |
|
|
ACP
105
Ashfield Capital Partners
San Francisco,
California
| – | -$204K | -6,700 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$4K | -136 | Closed |
|
|
AGM
107
Alpine Global Management
New York
| – | -$1K | -45 | Closed |
|
|
P
108
Palladiem
Bryn Mawr,
Pennsylvania
| – | -$1K | -45 | Closed |
|
|
JG
109
Jefferies Group
New York
| – | -$1K | -35 | Closed |
|
110
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -35 | Closed |
|
111
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$426 | +16 | New |
|
MGRC Hedge Fund Activity: Q3 2015 in Review
95 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2015, worth a combined $558M — down 17% from $671M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MGRC and 9 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 40 added.
The largest buyer was Franklin Resources, adding an estimated $11.1M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $17.2M sold.
- 95 institutional investors held McGrath RentCorp (MGRC) as of Q3 2015, down from 103 in Q2 2015.
- Funds reported $558M of McGrath RentCorp stock for Q3 2015, down 17% quarter-over-quarter.
- 9 funds opened new McGrath RentCorp positions in Q3 2015 and 16 closed out, a net change of -7 holders.
- The largest McGrath RentCorp buyer in Q3 2015 was Franklin Resources, an estimated $11.1M added.
- The largest McGrath RentCorp seller in Q3 2015 was TimesSquare Capital Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2015.